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Fiat Freemont revealed

The Fiat Freemont - Dodge Journey with a Fiat badge At the end of December we revealed that Fiat had decided they should take the Dodge Journey and turn it in to a Fiat. The Fiat Freemont – for that is what Fiat had decided to rename the Dodge Challenger for Europe –  would effectively be a replacement for the Fiat Ulysse MPV. It seems that Fiat has caught up with our story, so we now have official details on what the Freemont will offer.

BMW to invest £500 million in UK MINI production

David Cameron welcomes BMW's £500 million investment in the UK What’s going on? Two days on the trot we get good news about the UK economy. Yesterday we reported that Nissan are to invest £192 million to design and build the next generation Qashqai in the UK, and today comes confirmation from BMW that they will be spending £500 million over the next three years in the UK as they gear up for the next generation MINI.

GM to build electric motors in-house

General Motors will develop and build electric motors for a rear-wheel-drive hybrid to launch in 2013. GM claims to be the first major U.S. automaker to produce electric motors in-house and says it is investing $246 million in the project.